Cheelcare, Inc. is a forward-thinking assistive technology company founded out of a personal commitment to improving the lives of individuals with physical disabilities. The company is headquartered in Richmond Hill, Ontario. The company went IPO on 2022-10-26. The firm develops, manufactures and distributes three lines of assistive mobility devices: robotic complex rehab power wheelchairs, the Companion line of power add-ons for manual wheelchairs, and a range of essential wheelchair accessories. Its three product lines include Companion, Curio, and AWARE. The firm also manufactures original equipment manufacturer (OEM) products for other industries. Companion is a power add-on for manual wheelchairs. Companion's looks and functions can be customized through various options, such as Handlebars, Throttle, Brake, Rigid Mount, and Folding Mount. Curio is a wheelchair built on the Company's patented robotic base for an unprecedented range of motion. AWARE is a rearview camera system, which is a universal aftermarket accessory for Permobil and Sunrise power wheelchairs.
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As of August 2026, Cheelcare Inc CHCRF is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Cheelcare Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Cheelcare Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Cheelcare Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Cheelcare Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Cheelcare Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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